TIONG WOON chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 0.53
Dividend & Yield0.00S$ (0.78%)
Beta 0.55
Market capitalization 104.33M
Operating cash flow 36.96M
ESG Scores unknown

Company description

Tiong Woon Corporation Holding Ltd, an investment holding company, provides integrated services for the oil and gas, petrochemical, infrastructure, and construction sectors. The company operates through three segments: Heavy Lift and Haulage, Marine Transportation, and Trading. It offers heavy lift and haulage, marine transportation, and inland transportation services; equipment installation services, such as trays and structures; project engineering services for heavy lifting and haulage requirements; maintenance and repair services; and wall tie installation, foundation anchor, and jacking up services. The company also leases heavy haulage equipment that consists of prime movers, low beds, self-propelled modular trailers, tow trucks, and trailers for the transportation of heavy process equipment, such as modules and structures; supplies various models of tower cranes for sale and rent; and refurbishes, delivers, maintains, jack downs, dismantles, and erects tower cranes. In addition, it provides tug and barge services for various sea transportation projects; and distributes and trades in new and used crawler, mobile, and tower cranes. Further, the company sells and hires cranes and transport; and sells, services, and leases equipment. Additionally, it provides mechanical and infrastructure engineering, structural work, freight forwarding, and logistics related services. As of June 30, 2022, the company had a fleet of 531 cranes and tower cranes and 280 haulage assets; and 7 tugboats and 8 barges. It operates in Singapore, Brunei, the Middle East, India, Malaysia, Thailand, Indonesia, China, Bangladesh, Myanmar, the Philippines, Sri Lanka, and Vietnam. The company was founded in 1978 and is headquartered in Singapore.

Sector: Industrials - Industry: Rental & Leasing Services

Financial Ratios
Quick Ratio1.65
Working Capital0.25
Return On Equity0.04
Debt To Equity0.32
Fixed Asset Ratio0
Fixed Interest Cover5.25

Financial data

Financial Statements

Cashflow Statement 2019-06-30 2020-06-30 2021-06-30 2022-06-30
Change To Liabilities 7.99M -5.81M -14.14M -6.73M
Total Cashflows From Investing Activities -20.28M -4.8M -5.09M -9.78M
Net Borrowings -4.14M -20.57M -13.94M -13.31M
Total Cash From Financing Activities -7.31M -24.61M -17.64M -17M
Change To Operating Activities -505k 551k -599k -280k
Issuance Of Stock
Net Income 2.94M 7.58M 9.87M 11.39M
Change In Cash 4.95M 25.06M 6.33M 10.19M
Effect Of Exchange Rate
Total Cash From Operating Activities 32.54M 54.48M 29.06M 36.96M
Depreciation 29.65M 32.57M 32.05M 31.89M
Change To Account Receivables -12.22M 9.82M -3.1M -6.59M
Other Cashflows From Financing Activities -3.17M -3.58M -3M -2.75M
Change To Netincome 6.15M 9.1M 4.73M 7.52M
Capital Expenditures -22.61M -5.92M -7.96M -13.21M

Income Statement 2019-06-30 2020-06-30 2021-06-30 2022-06-30
Research Development
Income Before Tax 5.82M 12.23M 13.83M 16.39M
Net Income 2.94M 7.58M 9.87M 11.39M
Selling General Administrative 1.24M 1.12M 1.05M 1.13M
Gross Profit 35.16M 43M 42.44M 49.34M
Ebit 9.88M 15.79M 14.05M 17.02M
Operating Income 9.88M 15.79M 14.05M 17.02M
Interest Expense -3.18M -3.54M -2.98M -2.77M
Income Tax Expense 2.91M 4.7M 4.01M 5.06M
Total Revenue 117.22M 124.69M 112.95M 122.59M
Cost Of Revenue 82.06M 81.68M 70.51M 73.25M
Total Other Income ExpenseNet -4.07M -3.56M -224k -628k
Net Income From Continuing Ops 2.91M 7.53M 9.81M 11.33M
Net Income Applicable To Common Shares 2.94M 7.58M 9.87M 11.39M

Balance Sheet Statement 2019-06-30 2020-06-30 2021-06-30 2022-06-30
Total Liabilities 196.4M 202.13M 188.39M 195.36M
Total Stockholder Equity 252.32M 259.2M 270.92M 280.92M
Other Current Liabilities 15.54M 17.98M 15.61M 14.06M
Total Assets 448.86M 461.43M 459.33M 476.26M
Common Stock 87.34M 87.34M 87.34M 87.34M
Other Current Assets 1.5M 1.65M 1.09M 960k
Retained Earnings 168.04M 175.16M 184.33M 194.79M
Treasury Stock -3.06M -3.29M -755k -1.21M
Cash 14.15M 39.38M 45.51M 55.97M
Total Current Liabilities 69.36M 60.01M 57.43M 66.61M
Other Stockholder Equity -3.06M -3.29M -755k -1.21M
Property, Plant, and Equipment 370.64M 373.06M 358.71M 359.77M
Total Current Assets 72.61M 82.83M 96.66M 111.86M
Net Tangible Assets 252.26M 259.17M 270.89M 280.86M
Net Receivables 52.06M 38.18M 46.11M 50.55M
Accounts Payable 24.95M 15.96M 14.01M 21.75M


Insider Transactions

Here are the insider transactions of stock shares related to TIONG WOON:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Tan (Swee Khim)D2018-05-18Director (Executive)500k
Tan (Swee Khim)Sale at price 0.23 per share.D2018-03-08Director (Executive)813.5k
Ang (Kha King)D2015-09-15Director (Executive)285k
Ang (Kah Hong)Acquisition at price 0.09 per share.D2012-03-22Chairman of the Board898.5k
Ang (Kha King)D2012-03-22Director (Executive)794.5k
Tan (Swee Khim)Acquisition at price 0.09 per share.D2012-03-22Director (Executive)526k
Wong (King Kheng)Acquisition at price 0.09 per share.D2012-03-22Director (Independent)13k
Ang (Kah Hong)Purchase at price 0.11 per share.D2008-10-24Chairman of the Board118k
Ang (Kah Hong)Purchase at price 0.13 per share.D2008-10-13Chairman of the Board228k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to TIONG WOON. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on TIONG WOON

Here is the result of two systematic investment strategies applied to TIONG WOON. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on TIONG WOON

The following chart shows the equity curve of the two systematic investment strategies applied to TIONG WOON:

TIONG WOON automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 48.18% on the backtest period.

Performance at glance

Performance

48.18 %

Latent gain

963.63 S$

Invested capital

2000.2 S$

Annualized return

9.6 %
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Momentum strategy results on TIONG WOON

This is the result of two momentum investment strategies applied to TIONG WOON. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on TIONG WOON

The following chart shows all the entries opened by the momentum investment system on TIONG WOON:

TIONG WOON momentum entries
  • The first momentum investment strategy would give 52.0% of return on TIONG WOON. That represents 3770.05S$ of latent gain with 7250.12S$ of employed capital.
  • The second momentum investment strategy would give 49.28% of return on TIONG WOON. That represents 2587.29S$ of latent gain with 5250.31S$ of employed capital.
Performance at glance (1Q Momentum)

Performance

52.0 %

Latent gain

3770.05 S$

Invested capital

7250.12 S$

Annualized return

26.37 %
Performance at glance (2Q Momentum)

Performance

49.28 %

Latent gain

2587.29 S$

Invested capital

5250.31 S$

Annualized return

10.85 %

Momentum equity curve on TIONG WOON

The following chart shows the equity curve of the two momentum strategies applied to TIONG WOON:

TIONG WOON momentum equity

Note: the dividends potentially given by TIONG WOON are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on TIONG WOON

The following chart shows the employed capital evolution of the two momentum strategies on TIONG WOON since the beginning:

TIONG WOON

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250S$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000S$.


Buy the dip strategy result on TIONG WOON

Buy the dip entry openings on TIONG WOON

TIONG WOON

The performance achieved by the robo-advisor on TIONG WOON is 79.63%. That represents 199.09$ of latent gain with 250.02S$ of employed capital. The following chart shows TIONG WOON stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of TIONG WOON, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

79.63 %

Latent gain

199.09 S$

Invested capital

250.02 S$

Annualized return

26.37 %

Equity curve of the strategy applied to TIONG WOON

The following chart shows the result of the investment strategy applied to TIONG WOON:

TIONG WOON

Note: the dividends potentially given by TIONG WOON are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on TIONG WOON

The following chart shows the employed capital evolution since the beginning of the investment strategy on TIONG WOON:

TIONG WOON

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on TIONG WOON

In this section, I will compare the three previous investment strategies applied to TIONG WOON.

Equity curve comparison on TIONG WOON

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

TIONG WOON investment strategy comparison

Employed capital comparison on TIONG WOON

TIONG WOON investment comparison

Performance comparison on TIONG WOON

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 48.18% 963.63S$ 2000.2S$ 9.6%
Momentum 1 quarter 52.0% 3770.05S$ 7250.12S$ 10.88%
Momentum 2 quarters 49.28% 2587.29S$ 5250.31S$ 10.85%
Non-directional 79.63% 199.09S$ 250.02S$ 26.37%
Annualized return comparison

Automatic investment

9.6 %

Momentum 1Q

10.85 %

Momentum 2Q

10.85 %

Non-directional

26.37 %

Correlated stocks

Here are the most positively and negatively correlated stocks with TIONG WOON:

Positive correlations

Most correlated stocks this year

  • TIONG WOON

  • Most correlated stocks last 3 months

  • TIONG WOON

  • Negative correlation

    Most negatively correlated stocks this year


    Most negatively correlated stocks last 3 months

  • ZMJ
  • CHINA LOTSYN
  • Cvent Holding Corp
  • 51 CREDIT CARD
  • SWHYHK

  • Note: The algorithm computes the probability of correlation between TIONG WOON and the other stocks. There may be false positives or some missing correlated stocks. If the price of TIONG WOON does not vary for 36 weeks, the correlation calculation result will be wrong.


    Company information

    Company name TIONG WOON
    Country Singapore
    City Singapore
    Address No. 15 Pandan Crescent
    Phone 65 6261 7888
    Website www.tiongwoon.com
    FullTime employees
    Industry Rental & Leasing Services
    Sector Industrials
    Exchange XSES
    Ticker BQM.XSES
    Market www.sgx.com

    TIONG WOON ESG Scores

    Environment scores

    Environment ESG Factors Scores
    Environment Score 0
    Peer Environment Performance unknown
    Environment Percentile unknown
    Palm Oil unknown
    Nuclear unknown
    Fur Leather unknown
    GMO unknown
    Coal unknown
    Pesticides unknown
    Animal Testing unknown

    Social scores

    Social ESG Factors Scores
    Social Score 0
    Peer Social Performance unknown
    Social Percentile unknown
    Highest Controversy unknown
    Peer Highest Controversy Performance unknown
    Adult unknown
    Gambling unknown
    Alcoholic unknown
    Tobacco unknown
    Catholic unknown
    Controversial Weapons unknown
    Small Arms unknown
    Military Contract unknown
    Peer Count unknown

    Related Controversy:


    Governance scores

    Governance ESG Factors Scores
    Governance Score 0
    Peer Governance Performance unknown
    Governance Percentile unknown

    ESG at glance
    Total ESG Scores: unknown
    Environment Score: 0
    Social Score: 0
    Governance Score: 0

    ESG Performance: unknown

    Peer Group: unknown

    Peer Esg Score Performance: unknown

    Rating Year: unknown

    Rating Month: unknown

    Max Age: unknown

    Percentile: unknown